Real Estate Advisory

April Update: London Property Performance

30th March 2016

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Land Registry Data February 2016  12 Month 10yr annual avge*. Av.Price 
 All UK  -0.2%  +6.1% +1.90%  £190,275
 London  +0.6%  +13.5% +8.2%  £530,368
 Royal Borough of Kensington and Chelsea  -0.1%  +5.6% +15.70%  £1,396,753
 City of Westminster  +0.3%  +6.7% +14.98%  £1,057,034
  • The region (in the UK) with the most significant annual price increase is London with a movement of 13.5%.
  • Hammersmith and Fulham experienced the highest monthly price increase, with a movement of 2.2%.
  • The London borough with the highest annual price rise is Hillingdon, with a movement of 17.1%.
  • The number of properties sold in London for over £1 million in December 2015 increased by 2 % to 707 from 696 in December 2014.
  • The region with the greatest fall in repossession sales was London, with a decrease of 67 % from December 2014.
Source: Land registry statistics published on the 30th March 2016

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